Cost of living in Lynn
Lynn, Massachusetts, offers a unique blend of urban and suburban living, making it an attractive place for many. Understanding the cost of living in Lynn is crucial for potential residents and those planning to relocate.
This guide provides a detailed breakdown of expenses in Lynn, covering everything from dining and groceries to housing and transportation.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $19 on average, with a range between $12 and $40.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $100, with prices ranging from $85 to $180.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $12, with a range between $10 and $15.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4 to $8, imported beer $6 to $12, cappuccino $4 to $6, and Coke/Pepsi $2 to $4.
Grocery Prices
- Milk - Milk is priced between $0.7 and $1.32 per liter, averaging $1.13.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.98 and $5.51, with an average price of $4.
- Eggs (Dozen) - A dozen eggs range from $2.07 to $8, averaging $5.63.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.18 to $8 per kg, while oranges range from $2.84 to $5.51 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $2.2 and $2.84 per kg, and lettuce costs $1.39 to $2.5 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $2.5.
- Fuel (Gasoline) - Gasoline is priced between $0.83 and $0.97 per liter.
- Taxi Fares - Taxi fares start at $4.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $3000.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $2000.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $5000.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $3500.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre averages $10763.91.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter averages $4843.76.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $109.29 and $400, averaging $302.32.
- Internet - Internet services range from $30 to $100, with an average cost of $56.25.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Lynn, MA, presents a relatively high cost of living, particularly in housing, with city centre rents averaging $3000 for a 1-bedroom apartment.
Dining out can be costly, especially at mid-range restaurants, while grocery prices vary widely, offering opportunities for budget-conscious shopping.
Transportation costs are moderate, with affordable public transport and gasoline prices, though car ownership can be expensive.
Conclusion
Overall, Lynn, MA, offers a vibrant living environment with a cost of living that reflects its proximity to Boston and urban amenities.
Prospective residents should budget carefully, especially for housing and dining, while taking advantage of more affordable transportation options.